Mayor Discusses Bond Rating Increase, Community Park, Business

April 7, 2017

The Enterprise caught up with Mebane’s longtime Mayor, Glendel Stephenson, to get his thoughts on the city’s recent bond increase, as well as the new Community Park, which will be completed later this year. Mebane now has a AA+ bond rating, which reflects “very strong” capacity to meet its financial commitments, according to Standard and Poor’s, which conducted the credit review. “I think it’s a good statement to our citizens and to businesses that might consider coming to Mebane,” Mayor Stephenson said. “The City Council, administration, etc has maintained sound fiscal integrity. That the city has acted in a financially strong position — that has been our reputation for a number of years. And certainly I hope it will continue to be in the future.”


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